SingTel pumps more money into struggling Bhartel Airtel

BusinessWeek, 15 Aug 2013
Singapore Telecommunications Ltd. (ST), Southeast Asia’s biggest phone company, will buy more shares in Bharti Telecom Ltd. to tap potential growth in India.
SingTel, as the company is known, will buy 788,538 shares, or 3.62 percent, of Bharti Telecom for S$383.6 million ($302 million) from MacRitchie Investments Pte, SingTel said in a statement to the Singapore stock exchange today. Full story

  1. India's Bharti Airtel Q1 net profit falls 9.6 pct - Reuters
  2. Bharti Airtel profit falls 9.6% in Q1 2013 - The Hindu Business Line
  3. Bharti Airtel Q1 net profit falls 9.6 pc - The Economic Times
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